Oakland County, Michigan/Advantage Oakland/Business/Business Loans/Tax-Exempt Revenue Bond Program (EDC)

Tax-Exempt Revenue Bond Program (EDC)

Call (248) 858-0765 to start an application

 Eligible Businesses

​Manufacturing businesses and non-profit 501(c)(3) organizations in Oakland County, Michigan - except for communities with active Economic Development Corporations.

Oakland County Economic Development Corporation (EDC) is a proven, reliable partner with lenders and businesses since 1980. The Tax-Exempt Revenue Bond Program provides qualified manufacturing businesses and non-profit 501(c)(3) organizations with loans for cap​ital expenditures. The EDC's non-profit mission is to stimulate business capital investment, contribute to the area's employment, increase local tax base, and provide needed public services.

 2018 EDC Highlights

Rochester College
Bond Recipient Rochester College

$14,700,000 Bond Refinancing
$4,125,000 Bond Issued

 Since 1980 we have:

Funded Projects  
 Jobs Created
   In Investments

 Eligible Projects

  • Land acquisition
  • Building renovation
  • Land improvements
  • Machinery and equipment
  • Building acquisition
  • Related soft costs
  • Building construction​

For information on our SBA504 Loan Program